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Bonds, Loans & Sukuk Middle East 2021

The Middle East’s largest corporate and investment banking event

This live stream will be broadcast on
Sep 14, 2021 at 6:00am (Europe/London)

Platinum Sponsor

Emirates NBD

Platinum Sponsor

First Abu Dhabi Bank (FAB)

Gold & Networking Sponsor

Mashreq

Gold Sponsor

Abu Dhabi Commercial Bank (ADCB)

Gold Sponsor

Abu Dhabi Islamic Bank

Gold Sponsor

BofA Securities

Gold Sponsor

GIB Capital

Gold Sponsor

SMBC

Gold Sponsor

Standard Chartered

Lunch Sponsor

MUFG

Silver Sponsor

Citi

Silver Sponsor

Crédit Agricole CIB

Silver Sponsor

Mauritius Commercial Bank (MCB)

Silver Sponsor

Moody's Investors Service

Silver Sponsor

Rawabi Holding

Silver Sponsor

White & Case

Bronze Sponsor

ADFG/SHUAA

Bronze Sponsor

Akin Gump Strauss Hauer & Feld LLP

Bronze Sponsor

Arqaam

Bronze Sponsor

Bank of Jordan

Bronze Sponsor

Bank of New York Mellon (BNY Mellon)

Bronze Sponsor

Bank of Sharjah

Bronze Sponsor

Barclays

Bronze Sponsor

Boubyan Bank

Bronze Sponsor

Capital Markets Malaysia

Bronze Sponsor

DWF

Bronze Sponsor

FIM Partners

Bronze Sponsor

Finsight

Bronze Sponsor

Fitch Ratings

Bronze Sponsor

Intertrust

Bronze Sponsor

Kuwait International Bank

Bronze Sponsor

London Stock Exchange

Bronze Sponsor

Maybank Islamic

Bronze Sponsor

Morgan Lewis

Bronze Sponsor

NetRoadshow

Bronze Sponsor

S&P Global

Bronze Sponsor

Squire Patton Boggs

Bronze Sponsor

UK Export Finance

Bronze Sponsor

United Arab Bank

Bronze Sponsor

Warba Bank

Supporting Partner

AlHuda CIBE

Supporting Partner

IsFin

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Livestream Agenda

Chairperson’s opening remarks

Tue 14th Sep 2021, 6:00am (Europe/London)

Speaker

Andy Cairns

Andy Cairns

Senior Managing Director, Head of Global Corporate Finance

First Abu Dhabi Bank (FAB)

Andy Cairns

Andy Cairns

Senior Managing Director, Head of Global Corporate Finance at First Abu Dhabi Bank (FAB)

Andy has responsibility for First Abu Dhabi Bank's financing, capital markets, underwriting, advisory and securities services activities as well as the bank’s institutional loan portfolio.

With more than 20 years experience in international investment banking, Andy was previously Head of Cross-Border Debt Capital Markets at Bank of America Merrill Lynch before which he was Co-Head of Asia-Pacific Debt Finance at HSBC and Head of Asian Fixed Income Origination and Syndicate at Standard Chartered. He has worked in New York, London and Hong Kong.

Andy has bookrun in excess of USD500 billion of landmark financings for governments, supranationals, corporates and financial institutions worldwide. Recent transactions include the debut International bond by Oman, the first-ever Sukuk by a non-Islamic sovereign, for the United Kingdom, the first-ever ECA guaranteed Sukuk, for Emirates Airlines, and the largest-ever UAE-listed IPO, for Emaar Malls.

Andy is Chairman of The Gulf Bond and Sukuk Association.

First Abu Dhabi Bank (FAB)

Andy Cairns

About First Abu Dhabi Bank (FAB)

FAB, the UAE’s largest bank and one of the world’s largest and safest institutions, offers an extensive range of tailor-made solutions, products and services to its customers. Through its strategic offerings, it looks to meet the banking needs of customers across the world via its market-leading Corporate and Investment Banking and Personal Banking franchises.

Headquartered in Abu Dhabi, the bank’s international network spans five continents, providing the global relationships, expertise and financial strength to support local, regional and international businesses seeking to do business at home and abroad.

With total assets of AED 955 Billion (USD 260 Billion) as of September-end 2020, FAB is rated Aa3/AA-/AA- by Moody’s, S&P and Fitch, respectively, the strongest combined ratings of any bank in the MENA region.

The Bank has been ranked by Global Finance as the Safest Bank in the UAE and the Middle East, and the 32nd Safest Bank globally.

To empower its customers and clients to Grow Stronger, FAB initiated a powerful movement, which goes beyond banking. The Grow Stronger movement represents the bank’s promise to support its stakeholders’ goals and growth ambitions, providing ideas, tools and expertise to help them become stronger, today and in the future.

For further information, visit: www.bankfab.com

LinkedIn page: https://www.linkedin.com/compa...

Keynote address: How to manage oil and gas assets in a rapidly transitioning world

Tue 14th Sep 2021, 6:10am (Europe/London)

  • What structural changes has the oil and gas markets experienced in the last 12 months? How do oil and gas companies adapt their finance and investments to adapt to these changes?
  • What is the new sustainable equilibrium price for oil? How does the new norm oil price impact capital markets’ and investment strategy?
  • The economics of sustainable energy: How are oil and gas businesses adapting to increasing demand for ESG implementation from stakeholders?
  • What structural changes has the oil and gas markets experienced in the last 12 months? How do oil and gas companies adapt their finance and investments to adapt to these changes?
  • What is the new sustainable equilibrium price for oil? How does the new norm oil price impact capital markets’ and investment strategy?
  • The economics of sustainable energy: How are oil and gas businesses adapting to increasing demand for ESG implementation from stakeholders?

Keynote address: Supporting economic growth whilst unwinding fiscal deficits

Tue 14th Sep 2021, 6:35am (Europe/London)

  • Structural reforms, fiscal deficits, rising debt/GDP ratios: How governments are financing themselves
  • Deleveraging and maintaining investment grade ratings in volatile times
  • Developing local capital markets: Chicken or egg?

MENA Fixed Income and the (non)taper-tantrum: Is the market’s 70bps spike in 10-year UST an over-reaction?

Tue 14th Sep 2021, 7:00am (Europe/London)

  • Who’s going long and who sees a buying opportunity? Is a full recovery priced into portfolios? Will there need to be a re-valuation? If so, when?
  • China/US relations and Biden’s diplomacy: What are the linkages between (geo)politics and credit spreads?
  • Global IG vs. EM vs. MENA: Where does MENA fit within the global portfolio? How do MENA IG bonds compare to Asia IG?
  • So much liquidity and little credit take-off: Is there a concern of a bubble?
  • Who are the natural buyers of long-term (30, 40 and 50 year) tenors? How can issuers target these investors?

Moderator

Aditya Kotibhaskar

Aditya Kotibhaskar

Senior Director - Head of Debt Capital Markets

Mashreq

Aditya Kotibhaskar

Aditya Kotibhaskar

Senior Director - Head of Debt Capital Markets at Mashreq

With nearly 20 years of experience in the financial services industry, Aditya has led and worked across origination and execution platforms at Trussbridge, ADIB, Nomura, Lehman Brothers, E&Y and Arthur Andersen. He worked in London, Dubai and Mumbai. He has bookrun deals in excess of several billions of dollars of landmark financings, across the conventional and Islamic space, for governments, supra-nationals, corporates and financial institutions worldwide.

Aditya is a ranking Chartered Accountant from India and has a MBA from London Business School.

Established in 1967, Mashreq is the oldest privately held Bank in the UAE with award winning financial solutions and services. Throughout its 50 years' history, Mashreq has differentiated itself through innovative financial solutions, making it possible for its customers to achieve their aspirations. Today, Mashreq has a significant presence in 11 countries outside the UAE with 21 overseas branches and offices across Europe, USA, Asia and Africa.

Mashreq

Aditya Kotibhaskar

One of the UAE’s best performing banks for five decades, Mashreq is a leading financial institution with an expanding footprint across the Middle East. We have international offices in Europe, Asia, Africa and the US, and a strong presence in the financial capitals of the world.

As the oldest bank in the UAE, our journey can be traced back to humble beginnings in 1967, followed by periods of rapid growth and strategic expansion. Throughout our history, Mashreq has differentiated itself by pioneering new-to-market concepts and launching unique products and services.

Our innovative approach sets us truly apart, it also continues to win us numerous awards and accolades across all fields including digital banking, the most recent were: Middle East Best Digital Bank by Euromoney Regional Awards for Excellence, the Most Innovative Consumer/Corporate Digital Bank in the UAE and Best Bank in the UAE by World's Best Bank Awards by Global Finance, Most Innovative Bank in the Middle East by EMEA Finance and many others.

LinkedIn URL - https://www.linkedin.com/company/mashreq-corporate-and-investment-banking-group

Speakers

Angad Rajpal

Angad Rajpal

CFA, Head of Fixed Income

Emirates NBD

Angad Rajpal

Angad Rajpal

CFA, Head of Fixed Income at Emirates NBD

Angad is Head of Fixed Income at Emirates NBD Asset Management, having previously been Senior Portfolio Manager since October 2014. He has been with the business for more than nine years, having joined in 2010 as a Senior Credit Analyst. Angad is the lead manager for the UCITS-compliant MENA Fixed Income Fund and the Global Sukuk Fund, which have outperformed their respective benchmarks for most years since 2010. He has also had an active part in doubling Fixed Income Assets Under Management (AUM) since 2013 – to under USD3 billion for year-end 2019.

Prior to joining the team, Angad was Senior Analyst at Prime Emirates from 2008 to 2010, having previously been an Associate in Financial Services Advisory at Ernst & Young in New York and a Financial Analyst at Real Value Investments in Mumbai. He holds an MBA from the Martin J. Whitman School of Management at Syracuse University in New York and a Bachelor of Commerce degree in Accounting and Auditing from the University of Mumbai. Angad has CFA designation and is a member of the CFA Institute and the CFA Emirates Society.

Emirates NBD

Angad Rajpal

Emirates NBD (DFM: Emirates NBD) is a leading Banking Group in the MENAT region. As at 30th September 2020, total assets were AED 692 Billion (equivalent to approx. USD 188 Billion). The acquisition of DenizBank represents a significant milestone for Emirates NBD with the Bank expanding its presence to 13 countries, servicing over 14 million customers. The Bank is ranked among the top 20 in the Forbes’ list of the World’s Best Regarded Companies, securing a leading spot among global brands.

The Bank has a significant retail banking franchise in the UAE and is a key participant in the global digital banking industry with 94% of all financial transactions and requests conducted outside of its branches. Emirates NBD was named “UAE’s Best Bank” in 2020 for a fifth consecutive year by Euromoney. In addition, Emirates NBD received the “Excellence in Leadership in the Middle East” award, introduced this year in light of the Covid-19 impact, as a recognition of its efforts in responding to the Covid-19 crisis.

Emirates NBD is also a major player in the UAE corporate segment and has strong Islamic banking, investment banking, private banking, asset management, global markets & treasury and brokerage operations.

LinkedIn page: https://www.linkedin.com/company/emirates-nbd/mycompany/

Roderick Gordon

Roderick Gordon

Head of Debt Capital Markets and Fixed Income Syndicate

GIB Capital

Roderick Gordon

Roderick Gordon

Head of Debt Capital Markets and Fixed Income Syndicate at GIB Capital

Roderick Gordon has over 16 years’ Investment Banking and Debt Capital Markets experience and has advised on, arranged, placed and financed over US$50 billion of internationally syndicated debt capital markets issuances and syndicated loans for major international companies and GCC sovereigns, supranationals and corporates.

Rod joined GIB to establish the DCM business in 2010. Prior to joining GIB he worked in Bahrain at Arab Banking Corporation in Debt Capital Markets and Acquisition Finance and Unicorn Investment Bank in Islamic Debt Capital Markets.

Prior to moving to Bahrain in 2007, he worked at Dresdner Kleinwort Benson, London, for over 5 years as Vice President covering Capital Markets Origination, Acquisition Finance and Structured Finance. He also worked for KPMG, London, in the Corporate Finance Debt Advisory team.

Rod has a Masters Degree in Quantum and Solid State Physics from the University of Durham, UK.

GIB, the Gulf’s international bank, helps its clients thrive by working together to realise ambitions. It brings and activates insightful ideas that enable progress. GIB aims to be the preferred financial services partner, delivering bespoke banking solutions to a wide customer base in the region and beyond. This includes corporate banking, asset management, debt and equity capital market services, financial advisory services, mergers and acquisitions, and the world’s first Shariah compliant digital retail banking service, meem by GIB.

In addition to its main subsidiaries, London-based GIB (UK) Ltd., and Riyadh-based GIB Capital LLC, it has branches in London, New York, Abu Dhabi, Dhahran, Riyadh and Jeddah with a representative office in Dubai.

GIB Capital

Roderick Gordon

Gulf International Bank B.S.C. (GIB) is a pan GCC universal bank established in 1975 and regulated by the Central Bank of Bahrain.

GIB offers a diverse range of financial products and services and bespoke banking solutions to a wide customer base in the GCC, Europe and North America. This includes corporate banking, the world’s first Shariah compliant digital retail banking service, meem, as well as investment banking spanning asset management, bond and sukuk issuance, financial restructuring, private placements, private sale, IPOs, underwriting equity and debt, and mergers and acquisitions.

GIB’s services are delivered across the GCC and international markets through its subsidiaries: GIB Saudi Arabia, GIB Capital and GIB (UK) Ltd. Additionally, the Bank has branches in the UAE and USA.

GIB Saudi Arabia is the first foreign domiciled bank to establish a local commercial bank in the Kingdom. It is headquartered in Eastern Province and operates branches in Riyadh, Jeddah and Dhahran, while the Bank’s investment banking activities are delivered by GIB Capital, based in Riyadh.

GIB (UK) Ltd is a London and New York based international asset management subsidiary.

GIB is owned by the governments of the Gulf Cooperation Council countries, with Saudi Arabia’s Public Investment Fund being the primary shareholder.

LinkedIn URL: https://www.linkedin.com/company/gulfintlbank

Kathy Collins

Kathy Collins

Investment Manager, Emerging Market Debt

Aberdeen Standard Investments

Kathy Collins

Kathy Collins

Investment Manager, Emerging Market Debt at Aberdeen Standard Investments

Kathy is an Investment Manager on the EMD team at Aberdeen Standard Investments where she specialises in corporate debt. The team manages US$16bn in global EMD assets, with just over US$3bn in dedicated global emerging market corporate debt portfolios. Kathy joined Aberdeen Standard Investments in June 2009, and the Emerging Market Debt desk as a credit analyst in 2012. Since then her research coverage has expanded across Latam, CEE, Middle East and Africa. Previously, she completed a year’s internship at Standard Chartered Private Bank in New York as part of the Mountbatten Internship Programme. She graduated with a BSc in Economics from St. Andrews University and is a CFA Charterholder.

Aberdeen Standard Investments

Zeina Rizk

Zeina Rizk

Director, Fixed Income Asset Management

Arqaam

Zeina Rizk

Zeina Rizk

Director, Fixed Income Asset Management at Arqaam

Director, Fixed Income Asset Management, did a team move to setup the fixed income asset management business in Arqaam Capital. Zeina has 10 years of investment experience in the Global Credit Market, with a 6-year track record of co-managing Conventional Global Credit fund and a 3-year track record of co-managing Shari’ah Global Credit Fund. The Shari'ah fund won the best Shari'ah Fund in 2014 and 2015. Zeina was previously a fixed income advisor and a member of the management of a global fixed Income fund domiciled in Luxembourg. She also held a position as a credit and market risk supervisor, she also worked in securitization part of the structuring of asset-backed securitization deals. Zeina is a CFA Charterholder since 2011.

Arqaam

Zeina Rizk
Usman Ahmed

Usman Ahmed

Head of Fixed Income Investments

FIM Partners

Usman Ahmed

Usman Ahmed

Head of Fixed Income Investments at FIM Partners

Usman is the Portfolio Manager for all MENA and Global Sukuk strategies at FIM Partners. He joined the firm from Emirates NBD Asset Management where he was the Head of Investments and was responsible for EM Corporate Credit, MENA Fixed Income and Global Sukuk strategies and achieved top quartile performance across his funds. Prior to Emirates NBD, Usman was a director at Mashreq Capital where he was responsible for the bank’s distressed debt and structured credit investments. Usman began his career at TCH Miami where he was in charge of the research team responsible for analyzing and monitoring lending policies for investment grade and speculative grade corporate issuers and structured products. He holds a master’s degree in Business Administration from the University of Miami and is a CFA Charter holder.

FIM Partners

Usman Ahmed

FIM Partners was established in 2008 as among the first dedicated and independent specialist investment managers focused on the MENA & Frontier markets. The firm has successfully navigated the risks of investing in MENA & Frontier markets over the last twelve years through its fundamental approach, on the ground presence and smart portfolio construction. Our philosophy for managing fixed income portfolios revolves around optimizing risk adjusted-returns by investing in credits with attractive risk return dynamics, managing interest rate risk and minimizing liquidity risk.

In addition to employing investment staff with over 100 years combined experience in MENA & Frontier markets, the firm employs inhouse, independent risk management and operations professionals and its focus on capital preservation has led to its funds having a top ranking in CityWire. FIM Partners Limited is registered and regulated with the DFSA in the United Arab Emirates, FCA in the United Kingdom and the Capital Markets Authority of Saudi Arabia.

LinkedIn: https://www.linkedin.com/company/fim-partners

Coffee and networking

Tue 14th Sep 2021, 7:50am (Europe/London)

Weathering the COVID storm and the economic after-shocks: How are corporates approaching funding through volatile times

Tue 14th Sep 2021, 8:20am (Europe/London)

  • Stories behind the big headlines: What were the risks (and successful outcomes) corporates faced when they attempted to approach the capital market in 2020?
  • Do MENA borrowers still prefer loan financing versus bonds/sukuk? What’s the desire to diversify investor/funding base eastwards?
  • How did SMEs with EBITDA >USD50m adapt their businesses and finances through the COVID-19 pandemic?
  • The market view on corporate credit deterioration and debt burdens: How will defaults trickle down to affect the credit environment post-COVID?

Moderator

Sarmad Mirza

Sarmad Mirza

Executive Director, MENA Debt Capital Markets

Standard Chartered

Sarmad Mirza

Sarmad Mirza

Executive Director, MENA Debt Capital Markets at Standard Chartered

Over 16 years of experience with 11 years dedicated to MENA Corporate Debt Capital Markets, Sam has been instrumental in driving the Corporate DCM agenda in the region.

Sam leads the Corporate Debt Capital Markets space for the Bank across MENA

Throughout the 11 years Sam has spent with StanChart, he has executed over 50 benchmark transactions for high profile Corporate issuers from the region

In particular, Sam has been instrumental in driving key business opportunities across a variety of repeat issuers including Majid Al Futtaim, Emaar, TAQA, Mubadala, Saudi Electricity, DP World

In addition, Sam has led a number of high profile debut issuers from the region including Almarai, Saudi Telecom, ESIC, Emirates REIT, Oman Telecom

Standard Chartered

Sarmad Mirza

Speakers

Ahmad Alshubbar

Ahmad Alshubbar

Vice President, Treasury and Strategy

Rawabi Holding

Ahmad Alshubbar

Ahmad Alshubbar

Vice President, Treasury and Strategy at Rawabi Holding

Mr. Ahmed AlShubbar is the Group Vice President, Group Treasury & Strategy for Rawabi Holding Group Mr. AlShubbar’s responsibilities include overseeing the group's Treasury, Corporate Finance, Bank Relations, Cash Flow Management, Insurance and most importantly Strategy. Mr. AlShubbar brings a wealth of banking experience that covers Corporate Banking and Investment Banking (Debt Capital Markets and Debt Advisory) for over 12 years with reputable banks such as National Commercial Bank (NCB), Samba Financial Group, Banque Saudi Fransi (BSF) and Gulf International Bank (GIB) where he recently served as Vice President in Investment Banking. He holds a Bachelor’s Degree in Finance and Economics from King Fahd University of Petroleum and Minerals (KFUPM) Business School. He attended and participated in many training programs and conferences in related areas such as Credit Risk Management, Corporate Finance and Global Markets, Bonds, Loans & Sukuk to name a few.

Rawabi Holding

Ahmad Alshubbar

From our trading legacy, Rawabi Holding has developed into a diversified conglomerate. Rooted in the region, Rawabi Holding has extensive expertise in understanding and anticipating market dynamics.

We recognize what businesses need to do to be successful in Saudi Arabia and we are dedicated to helping our partners, joint ventures and businesses succeed.

Established and proven, Rawabi Holding is not satisfied with the status quo. We seek out innovative solutions, technologies and opportunities that help enable our clients to succeed more effectively and cost-efficiently.

Rawabi Holding, through its fully owned subsidiaries, joint ventures and partnerships with international market leaders, focuses on three core sectors:

  • OILFIELD SERVICES
  • CONTRACTING & INDUSTRIAL SERVICES
  • OFFSHORE SERVICES

LinkedIn URL: https://www.linkedin.com/company/rawabi-holding-group

Mohamed Al Shehab

Mohamed Al Shehab

Portfolio and Investor Relations Manager – Investments

Nogaholding

Mohamed Al Shehab

Mohamed Al Shehab

Portfolio and Investor Relations Manager – Investments at Nogaholding

Nogaholding

Fawaz Abusneineh

Fawaz Abusneineh

Managing Director, Head of Debt Capital Markets & Syndicate – Global Corporate Finance

First Abu Dhabi Bank (FAB)

Fawaz Abusneineh

Fawaz Abusneineh

Managing Director, Head of Debt Capital Markets & Syndicate – Global Corporate Finance at First Abu Dhabi Bank (FAB)

Fawaz is in charge of the DCM Origination business for FAB’s Global Corporate Finance clients. He has worked on a number of landmark transactions for high profile issuers in the Corporate, Institutional and SSA space, covering various DCM products from plain vanilla bonds and setting up MTN Programs, to project bonds, hybrid capital and liability management, both conventional bonds and Islamic (Sukuk).

Fawaz has also originated and overseen the execution of numerous landmark deals outside the region, including the inaugural sovereign Sukuk issuance from HM Treasury and Hong Kong Government SAR. Prior to this role, Fawaz headed FAB's global distribution of Syndicated Loans and also managed FAB's Proprietary fixed income portfolio.

Fawaz holds a BSc (Hon's) in Accounting & Finance from the London School of Economics and is a holder of the Chartered Financial Analyst ® designation. He is also the Chairman of the Middle East Region for International Capital Market Association (ICMA) and a Board Member of The Gulf Bonds and Sukuk Association (GBSA).

First Abu Dhabi Bank (FAB)

Fawaz Abusneineh

About First Abu Dhabi Bank (FAB)

FAB, the UAE’s largest bank and one of the world’s largest and safest institutions, offers an extensive range of tailor-made solutions, products and services to its customers. Through its strategic offerings, it looks to meet the banking needs of customers across the world via its market-leading Corporate and Investment Banking and Personal Banking franchises.

Headquartered in Abu Dhabi, the bank’s international network spans five continents, providing the global relationships, expertise and financial strength to support local, regional and international businesses seeking to do business at home and abroad.

With total assets of AED 955 Billion (USD 260 Billion) as of September-end 2020, FAB is rated Aa3/AA-/AA- by Moody’s, S&P and Fitch, respectively, the strongest combined ratings of any bank in the MENA region.

The Bank has been ranked by Global Finance as the Safest Bank in the UAE and the Middle East, and the 32nd Safest Bank globally.

To empower its customers and clients to Grow Stronger, FAB initiated a powerful movement, which goes beyond banking. The Grow Stronger movement represents the bank’s promise to support its stakeholders’ goals and growth ambitions, providing ideas, tools and expertise to help them become stronger, today and in the future.

For further information, visit: www.bankfab.com

LinkedIn page: https://www.linkedin.com/compa...

Julian Lynn

Julian Lynn

Regional Head, Middle East & Asia Pacific

UK Export Finance

Julian Lynn

Julian Lynn

Regional Head, Middle East & Asia Pacific at UK Export Finance

UK Export Finance

Julian Lynn

UK Export Finance (UKEF) is the UK’s export credit agency. We support UK exporters, international project sponsors and buyers of UK goods and services. We also work with banks to provide flexible, innovative, and competitive financing solutions.

In 2020/21, we provided £12.3bn in support for UK exports to 77 countries and increased our capacity to support exports to over 100 foreign markets. UKEF can support exports for any size of company and across all sectors, from capital goods to services and intangibles such as intellectual property.

UKEF is delighted to have been voted ‘best export credit agency’ by Global Trade Review for 2020. This is a recognition of our innovative approach to supporting exporters, comprehensive product offering and substantial appetite to take on new business.

UKEF have an international network of export finance representatives in key markets around the world: Brazil, China, Columbia, East Africa, India, Indonesia, Middle East & Asia Pacific, Turkey and West Africa, with responsibility for developing commercial ties and matching UK businesses to local projects. This is alongside our network of Export Finance Managers based regionally across the UK, who are local points of contact for exporters and businesses with export potential.

To find out more on how UK Export Finance can support you, visits: www.great.gov.uk/get-finance/

LinkedIn
Twitter

Sabrina Al Bakri

Sabrina Al Bakri

Head of Treasury

OQ SAOC

Sabrina Al Bakri

Sabrina Al Bakri

Head of Treasury at OQ SAOC

OQ SAOC

Hussain Hussain

Hussain Hussain

Head of Capital Markets - Middle East

MUFG

Hussain Hussain

Hussain Hussain

Head of Capital Markets - Middle East at MUFG

Joining MUFG in September 2017, Hussain is the Head of Capital Markets for the Middle East. With an extensive portfolio focusing on transactions across a wide range of sectors within the EMEA region, his role predominantly looks at debt capital market transactions involving Sovereigns, Corporates and Financial Institutions compromising of debut and repeat issuers, project bonds and hybrid capital issuances.

Hussain has over 15 years of banking experience, primarily within the debt capital markets across EMEA and has led over USD 60bn of issuance from the Middle East.

Hussain holds a First Class Honours in BSc Economics from the University College of London.

MUFG

Hussain Hussain

Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the world’s leading financial groups. Headquartered in Tokyo and with over 360 years of history, MUFG has a global network with approximately 2,500 locations in more than 50 countries. The Group has about 170,000 employees and offers services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing. The Group aims to “be the world’s most trusted financial group” through close collaboration among our operating companies and flexibly respond to all of the financial needs of our customers, serving society, and fostering shared and sustainable growth for a better world.

Please visit the website for more information - https://www.mufgemea.com/

LinkedIn Page: https://www.linkedin.com/company/mufg

Twitter Page: @MUFGEMEA

Syndicated loan markets: Can banks bridge the gap between borrower demands for better pricing and longer tenor

Tue 14th Sep 2021, 9:15am (Europe/London)

  • Demand > supply: Can banks bridge the gap between borrower demands for better pricing and longer tenor versus a backdrop of light pipeline of projects and deals?
  • Can banks keep apace as competition amongst lenders heats up?
  • Wall-to-wall refinancing: How big is the pipeline? How to negotiate and renegotiate terms and conditions in the current market
  • How can the loan market support companies with lower ratings access FX in the current environment?
  • Sustainability loans: Do borrowers understand their benefits?

Moderator

Tonmoy Andalib

Tonmoy Andalib

Managing Director, Head of Loan Syndicate & Distribution

First Abu Dhabi Bank (FAB)

Tonmoy Andalib

Tonmoy Andalib

Managing Director, Head of Loan Syndicate & Distribution at First Abu Dhabi Bank (FAB)

Andalib has 16+ years of experience in origination, structuring, execution and distribution of syndicated loan transactions across Europe, Asia, Africa and the Middle East.

Andalib heads up the Loan Syndicate & Distribution team at First Abu Dhabi Bank (FAB) and is based in Abu Dhabi. He and his team are responsible for all loan underwriting, bookrunning, primary syndication and secondary market activity by FAB.

Andalib joined FAB in February 2015 from Standard Chartered Bank, UK. With Standard Chartered, he previously worked in London, Singapore and Dhaka covering loan markets and investors across Europe, Africa and South Asia.

Andalib has bookrun in excess of USD 200 billion of landmark financings for many of the most sophisticated supranationals, governments, corporates and financial institutions. Andalib holds an MBA in Finance and Marketing.

First Abu Dhabi Bank (FAB)

Tonmoy Andalib

About First Abu Dhabi Bank (FAB)

FAB, the UAE’s largest bank and one of the world’s largest and safest institutions, offers an extensive range of tailor-made solutions, products and services to its customers. Through its strategic offerings, it looks to meet the banking needs of customers across the world via its market-leading Corporate and Investment Banking and Personal Banking franchises.

Headquartered in Abu Dhabi, the bank’s international network spans five continents, providing the global relationships, expertise and financial strength to support local, regional and international businesses seeking to do business at home and abroad.

With total assets of AED 955 Billion (USD 260 Billion) as of September-end 2020, FAB is rated Aa3/AA-/AA- by Moody’s, S&P and Fitch, respectively, the strongest combined ratings of any bank in the MENA region.

The Bank has been ranked by Global Finance as the Safest Bank in the UAE and the Middle East, and the 32nd Safest Bank globally.

To empower its customers and clients to Grow Stronger, FAB initiated a powerful movement, which goes beyond banking. The Grow Stronger movement represents the bank’s promise to support its stakeholders’ goals and growth ambitions, providing ideas, tools and expertise to help them become stronger, today and in the future.

For further information, visit: www.bankfab.com

LinkedIn page: https://www.linkedin.com/compa...

Speakers

Eric Zimny

Eric Zimny

Managing Director, Head of CEEMEA Origination

SMBC

Eric Zimny

Eric Zimny

Managing Director, Head of CEEMEA Origination at SMBC

With over 25 years of Loan and Debt Capital Market experience, Eric is a Managing Director and Head of CEEMEA Origination, Loan Capital Markets, at SMBCE responsible for the origination and structuring of loans for corporates and financial institutions across the full regional and borrower spectrum. Before joining SMBC in 2011, he was employed at Commerzbank New York, Frankfurt and London, where he held various head positions including loans and bonds origination. Eric is a certified Attorney at Law and has worked as such in Germany and the US. Eric is also a member of a group of authors that triennially publish a practical textbook on syndicated lending for borrowers, banking professionals, lawyers and auditors in German language

SMBC

Eric Zimny

With over four centuries of history and rooted in the stability of Japan and growth of Asia, SMBC Group reaches out around the world to provide the advice, connections and support that create value. Our customers in Africa and MENA choose SMBC Group because we offer local knowledge and global expertise.

With one of the most extensive domestic and international branch networks of any Japanese bank, SMBC Group uses the strength of its extensive footprint with powerful capabilities in loan and debt capital markets, project and trade finance, and a wide range of other financial services to deliver customer-focused, integrated solutions.

African & MENA customers benefit from SMBC Group's position as a world leader in loan capital markets bookrunning and arranging of loan facilities, including structuring, pricing, advising, executing and distribution of syndicated loans. A specialist debt capital markets team can provide expert advice and execution in core markets for public and private bond issuance, and offer issuers with guidance through the process from structuring, documentation and legal requirements, to execution of relevant funding solutions and investor relations. Particular focus is dedicated to corporate and structured finance and emerging market benchmark transactions for distribution to an international investor audience.

Zain Zaidi

Zain Zaidi

Director - Loans and Acquisition Finance Banking, Capital Markets & Advisory

Citi

Zain Zaidi

Zain Zaidi

Director - Loans and Acquisition Finance Banking, Capital Markets & Advisory at Citi

Zain is a Director in the Loans and Acquisition Finance team at Citi and responsible for all syndicated loan financing in the Middle East, North Africa and Pakistan. In addition to his regional coverage, Zain is also responsible for syndicated loan transactions for shipping clients within the broader EMEA region.

Zain has been with Citi for over 16 years between New York, London and Dubai and has provided debt origination, execution, structuring and advisory services to clients over this time related to loans, bonds, and securitization. His client list has spanned the full credit spectrum from sovereigns and strong investment grade names to high yield issuers.

During his time at Citi, Zain has had strong experience with transportation assets and infrastructure financing but has spent the last 7 years focused on corporate loans covering Sovereigns, GREs, Corporates and FIs from the Middle East.

Citi

Zain Zaidi
Hitesh Asarpota

Hitesh Asarpota

Managing Director, Head of Debt Capital Markets

Emirates NBD

Hitesh Asarpota

Hitesh Asarpota

Managing Director, Head of Debt Capital Markets at Emirates NBD

Hitesh joined Emirates NBD Capital in 2008 and has been instrumental in the development of the investment banking franchise of the Emirates NBD Group. Hitesh is responsible for a dedicated DCM desk and the origination and syndication of debt capital markets, liability management and structured finance mandates.

Hitesh worked on the first Sukuk issuance in 2005 and since then he has advised various governments, financial institutions, blue chip and mid-cap corporates on their Islamic and conventional financing strategies and access to debt capital markets. He has successfully raised over USD 60 billion for Middle East, Asian and Turkish issuers

Hitesh holds a BCom in Accounting and Economics from Sydenham College, India and a postgraduate management degree from HEC Paris (Grande École), France

Emirates NBD

Hitesh Asarpota

Emirates NBD (DFM: Emirates NBD) is a leading Banking Group in the MENAT region. As at 30th September 2020, total assets were AED 692 Billion (equivalent to approx. USD 188 Billion). The acquisition of DenizBank represents a significant milestone for Emirates NBD with the Bank expanding its presence to 13 countries, servicing over 14 million customers. The Bank is ranked among the top 20 in the Forbes’ list of the World’s Best Regarded Companies, securing a leading spot among global brands.

The Bank has a significant retail banking franchise in the UAE and is a key participant in the global digital banking industry with 94% of all financial transactions and requests conducted outside of its branches. Emirates NBD was named “UAE’s Best Bank” in 2020 for a fifth consecutive year by Euromoney. In addition, Emirates NBD received the “Excellence in Leadership in the Middle East” award, introduced this year in light of the Covid-19 impact, as a recognition of its efforts in responding to the Covid-19 crisis.

Emirates NBD is also a major player in the UAE corporate segment and has strong Islamic banking, investment banking, private banking, asset management, global markets & treasury and brokerage operations.

LinkedIn page: https://www.linkedin.com/company/emirates-nbd/mycompany/

Karim Zine

Karim Zine

Managing Director

BofA Securities

Karim Zine

Karim Zine

Managing Director at BofA Securities

BofA Securities

Karim Zine

At Bank of America, we’re guided by a common purpose to help make financial lives better, through the power of every connection. We’re delivering on this through responsible growth with a focus on our environmental, social and governance (ESG) leadership. ESG is embedded across our eight lines of business and reflects how we help fuel the global economy, build trust and credibility, and represent a company that people want to work for, invest in and do business with. It’s demonstrated in the inclusive and supportive workplace we create for our employees, the responsible products and services we offer our clients, and the impact we make around the world in helping local economies thrive. An important part of this work is forming strong partnerships with nonprofits and advocacy groups, such as community, consumer and environmental organizations, to bring together our collective networks and expertise to achieve greater impact. Learn more at about.bankofamerica.com, and connect with us on Twitter (@BofA_News) and LinkedIn (@BofA_Business )

Widdad Gassab

Widdad Gassab

Director, Debt Optimisation & Distribution MEA

Crédit Agricole CIB

Widdad Gassab

Widdad Gassab

Director, Debt Optimisation & Distribution MEA at Crédit Agricole CIB

Crédit Agricole CIB

Widdad Gassab
Kashif Raza

Kashif Raza

Head of Debt Capital Markets and Distribution

Abu Dhabi Islamic Bank

Kashif Raza

Kashif Raza

Head of Debt Capital Markets and Distribution at Abu Dhabi Islamic Bank

Kashif joined ADIB in March 2011 and manages the DCM and distribution business for ADIB. His responsibilities include origination, structuring of DCM and syndicated financing transactions and cross asset distribution including debt and equity. He has 20 years of work experience incorporating a rich blend of investment banking, financial advisory and management consulting. Kashif has significant experience of introducing clients to the international debt capital markets and has advised on several international Sukuk and syndications deals for sovereigns, GREs and large corporates. Prior to ADIB, Kashif worked for DIB for 5 years in a similar capacity where has was a part of the core team responsible for establishing the debt capital markets and syndications origination and distribution business. He has earlier worked for Standard Chartered Bank Pakistan where he was involved in several local and foreign currency transactions including the largest bond issue by a large local commercial bank in Pakistan and the largest foreign currency refinancing deal in Pakistan. Prior to SCB he worked for United Bank Ltd. Pakistan in the Investment Banking Group where he led the deal team on several local currency bond issues and syndicated loans.

Abu Dhabi Islamic Bank

Kashif Raza

Networking lunch

Tue 14th Sep 2021, 10:10am (Europe/London)

Sustainable ESG and greenwashing: How quickly and efficiently can companies transition to an ESG framework?

Tue 14th Sep 2021, 11:45am (Europe/London)

  • How MENA companies define and engrain ESG principles into company culture before issuing ESG bonds/sukuk
  • What is the strategic value of ESG in the GCC? How to make a good business case for it and why should O&G companies care about sustainability?
  • Focus on “S” and “G”: What efforts are banks in the region making to promote sustainability and better governance?
  • How do dedicated ESG investors view the MENA region within the ESG spectrum? Is ESG attracting new dedicated green investors or ESG to retain existing investors? What puts clear water between European institutions and the rest of the world?

Moderator

Sarah Pirzada Usmani

Sarah Pirzada Usmani

Managing Director - Head of Sustainable, Asset & Project Finance

First Abu Dhabi Bank (FAB)

Sarah Pirzada Usmani

Sarah Pirzada Usmani

Managing Director - Head of Sustainable, Asset & Project Finance at First Abu Dhabi Bank (FAB)

Sarah has over 18 years of corporate and investment banking experience having worked across a number of banking divisions such as Project & Export Finance, Asset Finance, Structured Finance, Structured Trade Finance & Financing Solutions and Client Relationships across Europe, Asia, Africa and the Middle East

She joined FAB in May 2016 from Standard Chartered Bank where she held a number of senior roles including but not limited to; Regional Head of Asset Finance & Leasing, Regional Head of Structured Export Finance, ASEAN Coordinator for Structured Trade Finance and Financing solutions etc.

Sarah is well versed with the European and Asian Export Credit Agencies (ECAs) having originated, lead and concluded several landmark, award winning Project & Export finance transactions and advisory assignments for regional and international clients across Asia, Africa & the Middle East. She also successfully established the Export Credit Agencies (ECAs) platform for FAB

Sarah also has significant experience in the corporate finance space including Asset Finance having successfully delivered bespoke financing solutions to clients across sectors such as mining, construction and aviation - both to Airlines and Lessors demonstrating ability to support the sector in multiple ways

Sarah holds a Master’s degree in Business Administration from Institute of Business Administration Karachi (Pakistan)

First Abu Dhabi Bank (FAB)

Sarah Pirzada Usmani

About First Abu Dhabi Bank (FAB)

FAB, the UAE’s largest bank and one of the world’s largest and safest institutions, offers an extensive range of tailor-made solutions, products and services to its customers. Through its strategic offerings, it looks to meet the banking needs of customers across the world via its market-leading Corporate and Investment Banking and Personal Banking franchises.

Headquartered in Abu Dhabi, the bank’s international network spans five continents, providing the global relationships, expertise and financial strength to support local, regional and international businesses seeking to do business at home and abroad.

With total assets of AED 955 Billion (USD 260 Billion) as of September-end 2020, FAB is rated Aa3/AA-/AA- by Moody’s, S&P and Fitch, respectively, the strongest combined ratings of any bank in the MENA region.

The Bank has been ranked by Global Finance as the Safest Bank in the UAE and the Middle East, and the 32nd Safest Bank globally.

To empower its customers and clients to Grow Stronger, FAB initiated a powerful movement, which goes beyond banking. The Grow Stronger movement represents the bank’s promise to support its stakeholders’ goals and growth ambitions, providing ideas, tools and expertise to help them become stronger, today and in the future.

For further information, visit: www.bankfab.com

LinkedIn page: https://www.linkedin.com/compa...

Speakers

Debashis Dey

Debashis Dey

Debashis Dey

Partner at White & Case

Debashis Dey is a partner in White & Case’s Capital Markets Practice based in the UAE. He has more than 20 years of expertise and has extensive global experience advising international and domestic investment banks, corporates and governments on capital markets, securitisation and all types of structured finance, project bonds, Islamic finance Sukuk transactions, regulatory capital transactions, commercial, residential mortgages and consumer finance and other asset classes. His transaction experience covers various jurisdictions, including the GCC (UAE, Qatar, Saudi Arabia), Europe, the US and Asia. His experience includes leading on numerous product innovations in conventional and Islamic finance, including transactions such the first covered bond in the US, the first convertible Sukuk structure for Aldar PJSC, 'first-time' securitisations in Europe and the Middle East as well as convertible and straight debt issues for corporates in the Reg S and Rule 144A markets. Debashis has recently advised the joint lead managers on the first UK Government Export Credit Agency Guaranteed pre-funded Sukuk for an aircraft financing in the UAE, the joint lead managers on the Republic of Turkey's third Sukuk issuance, a UAE based company on its public equity-linked offering and update of its Rule 144a/Reg S GMTN programme and the structuring bank and joint lead managers on the United Kingdom's inaugural £200 million Sukuk issuance. Debashis is regularly noted in legal directories as being “Truly fabulous” and “frank in terms of what is doable and what the hurdles would be - he lays things out clearly for clients.” - Chambers & Partners Global, 2015.

White & Case

Debashis Dey
Dilawer Farazi

Dilawer Farazi

Portfolio Manager, Global Credit

Royal London Asset Management

Dilawer Farazi

Dilawer Farazi

Portfolio Manager, Global Credit at Royal London Asset Management

Dilawer Farazi is a Portfolio Manager at Royal London Asset Management, responsible for Emerging Market corporate bonds within the Global Credit team. Dilawer has 15 years of experience investing in EM, has held portfolio manager and analyst positions at GIB Asset Management, ADIC and Loomis Sayles, working in London and the Middle East. Dilawer has a BA in Law & Economics from Queen Mary’s, University of London and is a Fellow of the Institute of Chartered Accountants in England & Wales.

Royal London Asset Management

Franck Nowak

Franck Nowak

Vice President - MENA Fixed Income and Global Sukuk

Franklin Templeton Investments

Franck Nowak

Franck Nowak

Vice President - MENA Fixed Income and Global Sukuk at Franklin Templeton Investments

Franck Nowak is a senior research analyst for Franklin Templeton Investments (Middle East) Limited. Mr. Nowak joined the investment team in 2012 to lead our research efforts and augment our investment processes for Global Sukuk and MENA fixed income. Mr. Nowak previously worked for Moody's Investors Service in both London and Dubai where he was responsible for non-bank ratings in the CEEMEA region. Mr. Nowak holds a bachelor's degree in commercial law and a master's degree in management, both from Rouen Business School in France.

As one of the first global asset management firms to establish local asset management capabilities in India (1993) and in South Korea (1997), Franklin Templeton is a pioneer in local asset management. Our goal is to manage each local business on a global scale, focusing on local investing, benchmarks and client needs, while drawing on the deep resources and global presence of the broader Franklin Templeton organization. Each local office (or strategic alliance) employs a truly "local" investment process that gives managers flexibility in investment decisions.

Since 1993, Franklin Templeton has developed or invested in local asset management capabilities — local portfolio managers investing locally — in several countries, including:

• India

• Brazil

• Japan

• South Korea

• Canada

• China (joint venture)

• Vietnam (joint venture)

• Middle East/North Africa

Franklin Templeton Investments

Nibras Hadi

Nibras Hadi

Nibras Hadi

Vice President at Crédit Agricole CIB

Nibras joined Credit Agricole CIB in 2018 and has been responsible for assisting clients across the financial institutions, corporates and SSA sectors with all their Sustainable Finance endeavors.

His experience focuses on originating and structuring transactions across the Green, Social, Sustainability and Sustainability-Linked product classes, which has included the first ‘Green ECA’ loan for a Middle East Sovereign, the first Covid-19 Sustainable Sukuk in the Middle East, and the structuring of the first green bond framework for a Middle East Sovereign.

Nibras began his career at a verification NGO in London. He went on to work on the Lloyds of London Insurance market before joining Standard Chartered Bank, where he held numerous roles within the corporate banking space.

Nibras holds an MA from SOAS, University of London and an LLB from the University of Essex.

Crédit Agricole CIB

Nibras Hadi
Timucin Engin

Timucin Engin

Senior Director, Cross-Practice Coordinator, GCC Region

S&P Global

Timucin Engin

Timucin Engin

Senior Director, Cross-Practice Coordinator, GCC Region at S&P Global

S&P Global

Timucin Engin
Shrey Kohli

Shrey Kohli

Head of Debt Capital Markets

London Stock Exchange

Shrey Kohli

Shrey Kohli

Head of Debt Capital Markets at London Stock Exchange

Shrey is responsible for London Stock Exchange plc’s debt, structured finance and close-ended investment funds markets. At LSEG, Shrey has covered roles across Product Development & Regulatory Strategy, and was previously Head of Strategic Development for LSE plc.

He represents LSEG on the Advisory Council of the Green & Social Bond Principles Executive Committee. During 2018-19, Shrey was seconded to International Finance Corporation as Financial Officer in Treasury & Syndications. He has previously worked at McKinsey and Co, the strategy consultancy.

He holds an MSc in Finance and Economics from the London School of Economics and a BSc (Hons) in Physics from University of Delhi.

London Stock Exchange

Shrey Kohli

London Stock Exchange Group (LSEG) is a global financial markets infrastructure business. Its diversified global business focuses on Information Services, Risk and Balance Sheet Management and Capital Formation. The Group supports global financial stability and sustainable economic growth by enabling businesses and economies to fund innovation, manage risk and create jobs. LSEG operates an open access model, offering choice and partnership to customers across all of its businesses. These include London Stock Exchange; Borsa Italiana; MTS (a European fixed income market); Turquoise (a pan-European equities MTF); FTSE Russell, a global index, data and analytics provider; global clearing house LCH; and LSEG Technology. Headquartered in the United Kingdom, with significant operations in North America, Italy, France and Sri Lanka, the Group employs approximately 4,500 people.

Further information on LSEG can be found at www.lseg.com

LinkedIn URL: https://www.linkedin.com/company/london-stock-exchange-group/

Twitter handle: @lsegplc

So much demand and not enough supply: Are sukuk market technicals stacking up?

Tue 14th Sep 2021, 12:40pm (Europe/London)

  • Is a lack of supply, and spread tightening, forcing investors to shoulder too much risk?
  • Working within the framework of the new AAOIFI accounting standards to successfully issue sukuk: How have the costs and benefits for issuers been affected by the changes in standards?
  • Formosa and taking sukuk global: What are the new characteristics of supply and demand of the sukuk market?

Moderator

Rizwan Kanji

Rizwan Kanji

Rizwan Kanji

Partner at Akin Gump Strauss Hauer & Feld LLP

Rizwan Kanji’s practice focuses on debt capital markets, finance and securitizations using both conventional and Islamic finance structures.

He advises investment banks, financial institutions, multilateral development banks, sovereign states, insurance companies and multinational regional corporations on high-profile transactions across the Middle East, Turkey and Africa.

Widely considered one of the leading lawyers within Islamic finance, Rizwan has earned a reputation for advising on “first of its kind” transactions.

Global directories, Chambers and Partners have consecutively ranked Mr. Kanji as one of the world's leading Islamic finance and debt capital markets lawyers. Clients are highly impressed with his breadth of expertise, elaborating: "His problem-solving skills and pragmatic approach to transactions are invaluable” and “He has a lot of attention to detail and is very attentive to his clients.”

Akin Gump Strauss Hauer & Feld LLP

Rizwan Kanji

Speakers

Mahmoud Nawar CFA

Mahmoud Nawar CFA

Vice President, Debt Capital Markets

GIB Capital

Mahmoud Nawar CFA

Mahmoud Nawar CFA

Vice President, Debt Capital Markets at GIB Capital

Mahmoud has over 15 years of aggregate experience in banking and corporate finance services. He is currently a key member of the debt capital markets team at GIB Capital. He has played leading roles in several high profile bond and Sukuk transactions for GCC sovereigns and quasi-sovereign issuers, including the first Basel 3 compliant Sukuk in Saudi Arabia. Through his career he has worked with clients in Bahrain, Saudi Arabia, UAE, Qatar, Kuwait and Egypt. Prior to joining GIB Capital in Nov 2011, Mahmoud was part of the Strategy Management and earlier the Corporate Finance team at Bank ABC. His role included leading acquisition finance and mergers and acquisitions on behalf of clients and later on behalf of Bank ABC, in addition to overlooking the strategy implementation. Prior to that, Mahmoud was part of the Corporate Finance and Advisory team at Standard Chartered Bank, Dubai. Earlier he worked for Barclays Bank – Egypt, where he was part of the Corporate Credit team, responsible for managing a loan portfolio and later on he assumed the role of Structured Credit Manager.

Through these different roles Mahmoud has been exposed to some of the key transactions that have taken place in the GCC and Egypt, giving him an unparalleled experience in leading DCM and debt advisory transactions coupled with the competency that comes from being full engaged throughout the life cycle of transactions, whether in advisory or debt financing.

GIB Capital

Mahmoud Nawar CFA

Gulf International Bank B.S.C. (GIB) is a pan GCC universal bank established in 1975 and regulated by the Central Bank of Bahrain.

GIB offers a diverse range of financial products and services and bespoke banking solutions to a wide customer base in the GCC, Europe and North America. This includes corporate banking, the world’s first Shariah compliant digital retail banking service, meem, as well as investment banking spanning asset management, bond and sukuk issuance, financial restructuring, private placements, private sale, IPOs, underwriting equity and debt, and mergers and acquisitions.

GIB’s services are delivered across the GCC and international markets through its subsidiaries: GIB Saudi Arabia, GIB Capital and GIB (UK) Ltd. Additionally, the Bank has branches in the UAE and USA.

GIB Saudi Arabia is the first foreign domiciled bank to establish a local commercial bank in the Kingdom. It is headquartered in Eastern Province and operates branches in Riyadh, Jeddah and Dhahran, while the Bank’s investment banking activities are delivered by GIB Capital, based in Riyadh.

GIB (UK) Ltd is a London and New York based international asset management subsidiary.

GIB is owned by the governments of the Gulf Cooperation Council countries, with Saudi Arabia’s Public Investment Fund being the primary shareholder.

LinkedIn URL: https://www.linkedin.com/company/gulfintlbank

Bashar Al Natoor

Bashar Al Natoor

Global Head of Islamic Finance

Fitch Ratings

Bashar Al Natoor

Bashar Al Natoor

Global Head of Islamic Finance at Fitch Ratings

Bashar Al Natoor is Fitch Rating’s Global Head Islamic Finance. Mr Al Natoor is responsible for coordinating all Islamic Finance activities across Fitch’s Sovereign, Financial Institutions, Corporate, Structured Finance, Infrastructure and Insurance teams, bringing together dedicated analytical and industry expertise into a centralised and focused Islamic finance group.

Mr Al Natoor has more than 16 years' experience in the Islamic Finance market. Since joining Fitch in 2007, he has overseen Fitch's Sukuk criteria and Islamic Finance practices, undertaken research and written numerous published articles on Islamic Finance. Mr Al Natoor Joined Fitch as a director in the EMEA Corporates group based in Dubai. He was responsible for analysing EMEA issuers, with focus on Middle East and Turkish issuers in the construction, property and Telecommunication sectors. Prior to joining Fitch, Mr. Al Natoor spent seven years at the Islamic Development Bank (IDB) in key roles including Investment Officer in the Treasury Department, a Senior Credit Analyst in Risk Management and Senior Technical Assistant to the Vice President of Finance & Administration. Before working with IDB, Mr Al Natoor was a senior auditor for four years in Arthur Andersen.

Mr Al Natoor graduated with an MSc in banking and financial studies from the Arab Academy for Finance and Banking Science and a BS in finance and banking from Amman University. Bashar is also a Certified Bank Auditor (CBA), a Certified Risk Professional (CRP), a Chartered Market Analyst (FAD-CMA), and a Certified Risk Analyst (CRA).

Fitch Ratings

Bashar Al Natoor

Fitch Ratings is a leading provider of credit ratings, commentary, and research. Dedicated to providing value beyond the rating through independent and prospective credit opinions, Fitch Ratings offers global perspectives shaped by strong local market experience and credit market expertise. The additional context, perspective, and insights we provide help investors to make important credit judgments with confidence.

Fitch Group is a global leader in financial information services with operations in more than 30 countries. Fitch Group is comprised of: Fitch Ratings, a global leader in credit ratings and research; Fitch Solutions, a leading provider of credit market data, analytical tools and risk services; and Fitch Learning, a preeminent training and professional development firm. With dual headquarters in London and New York, Fitch Group is owned by Hearst.

For additional information, please visit fitchratings.com.

LinkedIn Page: www.linkedin.com/company/fitch-ratings

Nicholas Samara

Nicholas Samara

Head of Debt Capital Markets, MENA

SMBC

Nicholas Samara

Nicholas Samara

Head of Debt Capital Markets, MENA at SMBC

SMBC

Nicholas Samara

With over four centuries of history and rooted in the stability of Japan and growth of Asia, SMBC Group reaches out around the world to provide the advice, connections and support that create value. Our customers in Africa and MENA choose SMBC Group because we offer local knowledge and global expertise.

With one of the most extensive domestic and international branch networks of any Japanese bank, SMBC Group uses the strength of its extensive footprint with powerful capabilities in loan and debt capital markets, project and trade finance, and a wide range of other financial services to deliver customer-focused, integrated solutions.

African & MENA customers benefit from SMBC Group's position as a world leader in loan capital markets bookrunning and arranging of loan facilities, including structuring, pricing, advising, executing and distribution of syndicated loans. A specialist debt capital markets team can provide expert advice and execution in core markets for public and private bond issuance, and offer issuers with guidance through the process from structuring, documentation and legal requirements, to execution of relevant funding solutions and investor relations. Particular focus is dedicated to corporate and structured finance and emerging market benchmark transactions for distribution to an international investor audience.

Kashif Raza

Kashif Raza

Head of Debt Capital Markets and Distribution

Abu Dhabi Islamic Bank

Kashif Raza

Kashif Raza

Head of Debt Capital Markets and Distribution at Abu Dhabi Islamic Bank

Kashif joined ADIB in March 2011 and manages the DCM and distribution business for ADIB. His responsibilities include origination, structuring of DCM and syndicated financing transactions and cross asset distribution including debt and equity. He has 20 years of work experience incorporating a rich blend of investment banking, financial advisory and management consulting. Kashif has significant experience of introducing clients to the international debt capital markets and has advised on several international Sukuk and syndications deals for sovereigns, GREs and large corporates. Prior to ADIB, Kashif worked for DIB for 5 years in a similar capacity where has was a part of the core team responsible for establishing the debt capital markets and syndications origination and distribution business. He has earlier worked for Standard Chartered Bank Pakistan where he was involved in several local and foreign currency transactions including the largest bond issue by a large local commercial bank in Pakistan and the largest foreign currency refinancing deal in Pakistan. Prior to SCB he worked for United Bank Ltd. Pakistan in the Investment Banking Group where he led the deal team on several local currency bond issues and syndicated loans.

Abu Dhabi Islamic Bank

Kashif Raza

(L)IBOR transition: What are the new benchmark rates, what are the hedging structures and what is the impact on debt pricing?

Tue 14th Sep 2021, 13:30pm (Europe/London)

  • How can banks help clients to update their systems for LIBOR transition? How can banks help their clients to be more transparent with reporting?
  • What are the hedging structures based on the new benchmark rates?
  • What are the new risk-free rates? Do they work? Are they worth it? Are they risk-free?
  • What is the impact to bond and loan pricing?
  • What are the consequences and risks for inaction?

Speakers

Fathima Lijiya

Fathima Lijiya

Managing Director, Head of MEA Loan Capital Markets – Global Corporate Finance

First Abu Dhabi Bank (FAB)

Fathima Lijiya

Fathima Lijiya

Managing Director, Head of MEA Loan Capital Markets – Global Corporate Finance at First Abu Dhabi Bank (FAB)

Lijiya comes with more than 18 years of Debt Market experience. She holds an MBA in Finance & Marketing and has been a core deal team member in various Structured & Project Finance deals in the UAE. She joined FGB in 2006 and prior to that she was with HSBC CIBM and was dealing with regional deals and transactions in various sectors along with providing coverage of strategic customers. Lijiya is a key deal team member in many of the large Debt Market syndicated transactions in the region which involved structuring, negotiation of terms and execution of deals where she has led the deal team that acted in the senior capacity of Debt Advisor, Initial Mandated Lead Arrangers, Coordinating Bank and Book running roles for Corporate, Acquisition Finance, FI/NBFI deals, Leverage finance, Project and Structured Finance, Asset Backed financing, Hybrid facility structures etc. Currently she is the Managing Director & Head of Syndication Finance, Loan Capital Markets under the Global Corporate Finance with FAB which addresses the flow business from Corporates, GRE’s, Sovereigns, NBFI’s and FI’s.

First Abu Dhabi Bank (FAB)

Fathima Lijiya

About First Abu Dhabi Bank (FAB)

FAB, the UAE’s largest bank and one of the world’s largest and safest institutions, offers an extensive range of tailor-made solutions, products and services to its customers. Through its strategic offerings, it looks to meet the banking needs of customers across the world via its market-leading Corporate and Investment Banking and Personal Banking franchises.

Headquartered in Abu Dhabi, the bank’s international network spans five continents, providing the global relationships, expertise and financial strength to support local, regional and international businesses seeking to do business at home and abroad.

With total assets of AED 955 Billion (USD 260 Billion) as of September-end 2020, FAB is rated Aa3/AA-/AA- by Moody’s, S&P and Fitch, respectively, the strongest combined ratings of any bank in the MENA region.

The Bank has been ranked by Global Finance as the Safest Bank in the UAE and the Middle East, and the 32nd Safest Bank globally.

To empower its customers and clients to Grow Stronger, FAB initiated a powerful movement, which goes beyond banking. The Grow Stronger movement represents the bank’s promise to support its stakeholders’ goals and growth ambitions, providing ideas, tools and expertise to help them become stronger, today and in the future.

For further information, visit: www.bankfab.com

LinkedIn page: https://www.linkedin.com/compa...

Rohit Mishra

Rohit Mishra

Senior Director, Structuring & Leveraged Finance, Investment Banking

Mashreq

Rohit Mishra

Rohit Mishra

Senior Director, Structuring & Leveraged Finance, Investment Banking at Mashreq

Mashreq

Rohit Mishra

One of the UAE’s best performing banks for five decades, Mashreq is a leading financial institution with an expanding footprint across the Middle East. We have international offices in Europe, Asia, Africa and the US, and a strong presence in the financial capitals of the world.

As the oldest bank in the UAE, our journey can be traced back to humble beginnings in 1967, followed by periods of rapid growth and strategic expansion. Throughout our history, Mashreq has differentiated itself by pioneering new-to-market concepts and launching unique products and services.

Our innovative approach sets us truly apart, it also continues to win us numerous awards and accolades across all fields including digital banking, the most recent were: Middle East Best Digital Bank by Euromoney Regional Awards for Excellence, the Most Innovative Consumer/Corporate Digital Bank in the UAE and Best Bank in the UAE by World's Best Bank Awards by Global Finance, Most Innovative Bank in the Middle East by EMEA Finance and many others.

LinkedIn URL - https://www.linkedin.com/company/mashreq-corporate-and-investment-banking-group

Umera Ali

Umera Ali

Partner, Head of Banking & Finance (Middle East) and Global Head of Islamic Finance

DWF (Middle East) LLP

Umera Ali

Umera Ali

Partner, Head of Banking & Finance (Middle East) and Global Head of Islamic Finance at DWF (Middle East) LLP

Umera Ali is a banking & finance partner at DWF Middle East advising on both conventional and Islamic finance matters, and also leads the firms Islamic finance practice.

She advises lenders, financial institutions, funds, sponsors, borrowers, and issuers in corporate and structured finance transactions, including secured and unsecured, syndicated and bilateral loans, asset finance, Islamic finance, supply chain finance, trade finance and debt capital market transactions.

Umera has significant experience having worked in six different jurisdictions. She has built her practice by concentrating on making connections and acting as a strategic partner, and not just a counsel, for her clients. She takes a highly practical and pragmatic approach to providing legal services and brings an understanding of cultural conventions and sensitivities when working on a transaction.

Umera is interested in innovation, sustainable power source, and environmental change, and fuses that with her practice by working with Fintech and Cleantech companies and advising on sustainable finance and carbon credit trading.

DWF (Middle East) LLP

Chairperson’s closing remarks and close of Day One

Tue 14th Sep 2021, 14:15pm (Europe/London)

Speaker

Andy Cairns

Andy Cairns

Senior Managing Director, Head of Global Corporate Finance

First Abu Dhabi Bank (FAB)

Andy Cairns

Andy Cairns

Senior Managing Director, Head of Global Corporate Finance at First Abu Dhabi Bank (FAB)

Andy has responsibility for First Abu Dhabi Bank's financing, capital markets, underwriting, advisory and securities services activities as well as the bank’s institutional loan portfolio.

With more than 20 years experience in international investment banking, Andy was previously Head of Cross-Border Debt Capital Markets at Bank of America Merrill Lynch before which he was Co-Head of Asia-Pacific Debt Finance at HSBC and Head of Asian Fixed Income Origination and Syndicate at Standard Chartered. He has worked in New York, London and Hong Kong.

Andy has bookrun in excess of USD500 billion of landmark financings for governments, supranationals, corporates and financial institutions worldwide. Recent transactions include the debut International bond by Oman, the first-ever Sukuk by a non-Islamic sovereign, for the United Kingdom, the first-ever ECA guaranteed Sukuk, for Emirates Airlines, and the largest-ever UAE-listed IPO, for Emaar Malls.

Andy is Chairman of The Gulf Bond and Sukuk Association.

First Abu Dhabi Bank (FAB)

Andy Cairns

About First Abu Dhabi Bank (FAB)

FAB, the UAE’s largest bank and one of the world’s largest and safest institutions, offers an extensive range of tailor-made solutions, products and services to its customers. Through its strategic offerings, it looks to meet the banking needs of customers across the world via its market-leading Corporate and Investment Banking and Personal Banking franchises.

Headquartered in Abu Dhabi, the bank’s international network spans five continents, providing the global relationships, expertise and financial strength to support local, regional and international businesses seeking to do business at home and abroad.

With total assets of AED 955 Billion (USD 260 Billion) as of September-end 2020, FAB is rated Aa3/AA-/AA- by Moody’s, S&P and Fitch, respectively, the strongest combined ratings of any bank in the MENA region.

The Bank has been ranked by Global Finance as the Safest Bank in the UAE and the Middle East, and the 32nd Safest Bank globally.

To empower its customers and clients to Grow Stronger, FAB initiated a powerful movement, which goes beyond banking. The Grow Stronger movement represents the bank’s promise to support its stakeholders’ goals and growth ambitions, providing ideas, tools and expertise to help them become stronger, today and in the future.

For further information, visit: www.bankfab.com

LinkedIn page: https://www.linkedin.com/compa...

Chairperson’s opening remarks

Wed 15th Sep 2021, 6:10am (Europe/London)

Oil-price, inflation, fiscal deficits and ratings: What does post-COVID economic recovery look like?

Wed 15th Sep 2021, 6:15am (Europe/London)

  • Structural reforms, worse(ning) fiscal positions, rising debt/GDP ratios and cost of debt: How can governments deleverage whilst supporting their economies?
  • How are GCC governments diversifying their economies away from oil? What does the transition into these new economies look like?
  • Fed policy and US rates: What will be the impact?
  • Is inflation coming: Will Big Fiscal drive growth and/or inflation?
  • What is the new equilibrium price of oil? What is the economic impact to the region at the new price?

Moderator

Alexander Perjéssy

Alexander Perjéssy

Vice President, Senior Analyst, Sovereign Risk Group

Moody's Investors Service

Alexander Perjéssy

Alexander Perjéssy

Vice President, Senior Analyst, Sovereign Risk Group at Moody's Investors Service

Alexander Perjéssy is Vice President – Senior Analyst at the Moody’s Sovereign Risk Group. Based in Dubai, he has lead analyst responsibilities for a number of sovereigns in the Middle East, including most of the Gulf Cooperation Council member states and several regional multilateral institutions.

Prior to joining Moody’s in November 2017, Alex worked for two years as senior economist at the Islamic Development Bank in Jeddah, Saudi Arabia. Before relocating to the Middle East, Alex spent more than 12 years covering macroeconomic developments and sovereign risk assessment in the emerging markets of the EMEA region for AllianceBernstein and The Rohatyn Group, both US-based asset management firms in New York, as well as for Goldman Sachs in London.

Alex holds an MA in Economics from the University of Maryland and a BA in Economics from Middlebury College.

Moody's Investors Service

Alexander Perjéssy

Moody's Investors Service is a leading provider of credit ratings, research, and risk analysis. Moody's commitment and expertise contributes to transparent and integrated financial markets, and the firm's ratings and analysis track debt covering approximately 130 sovereign nations, 11,000 corporate issuers, 21,000 public finance issuers, and 76,000 structured finance obligations.

Speakers

Cian O'Brien

Cian O'Brien

Cian O'Brien

Senior Investment Officer at Colchester Global Investors

Cian is a Senior Investment Officer at Colchester Global Investors and has been with the firm since 2013. Cian manages both developed and emerging market bond portfolios and conducts sovereign balance sheet research at the firm. He began his career in 2002 with the Central Bank of Ireland before moving into asset management with Bank of Ireland Asset Management. In 2011 he joined State Street Global Advisors (SSgA) in London where he was a senior portfolio manager on the active global fixed income team. Cian graduated from University College Cork with a degree in Commerce and German, before obtaining a Masters in Investment and Treasury from Dublin City University. He is a CFA charterholder and a member of the CFA Society of the UK.

Colchester Global Investors

Adi Rajguru

Adi Rajguru

Adi Rajguru

Head, Financing Solutions at Abu Dhabi Commercial Bank (ADCB)

Adi Rajguru is Head of Financing Solutions at ADCB. Adi has nearly twenty years of experience in banking, having previously worked at Nomura, Deutsche Bank and Goldman Sachs in Dubai and London.

Abu Dhabi Commercial Bank (ADCB)

Adi Rajguru

ADCB Group is a leading UAE banking group that provides over 1 million customers with a full suite of products and services, spanning Consumer Banking, Wholesale Banking, Treasury & Investments and Property Management. ADCB operates a network of 54 branches and over 428 ATMs across the UAE.

On 1 May 2019, ADCB and Union National Bank merged and the combined entity acquired Al Hilal Bank, which operates as a separate Islamic banking entity under its own brand within the Group. The transaction reinforced ADCB’s position as the third largest bank in the UAE by assets. As at 31 December 2020, the Group’s total assets stood at AED 411 billion.

ADCB Group, which is 60.2% owned by the Government of Abu Dhabi through the Abu Dhabi Investment Council, trades on the Abu Dhabi Securities Exchange (ADX) under the ticker of ADCB. As at 31 December 2020, ADCB’s market capitalisation was AED 43 billion.

Khatija Haque

Khatija Haque

Chief Economist and Head of Research

Emirates NBD

Khatija Haque

Khatija Haque

Chief Economist and Head of Research at Emirates NBD

Emirates NBD

Khatija Haque

Emirates NBD (DFM: Emirates NBD) is a leading Banking Group in the MENAT region. As at 30th September 2020, total assets were AED 692 Billion (equivalent to approx. USD 188 Billion). The acquisition of DenizBank represents a significant milestone for Emirates NBD with the Bank expanding its presence to 13 countries, servicing over 14 million customers. The Bank is ranked among the top 20 in the Forbes’ list of the World’s Best Regarded Companies, securing a leading spot among global brands.

The Bank has a significant retail banking franchise in the UAE and is a key participant in the global digital banking industry with 94% of all financial transactions and requests conducted outside of its branches. Emirates NBD was named “UAE’s Best Bank” in 2020 for a fifth consecutive year by Euromoney. In addition, Emirates NBD received the “Excellence in Leadership in the Middle East” award, introduced this year in light of the Covid-19 impact, as a recognition of its efforts in responding to the Covid-19 crisis.

Emirates NBD is also a major player in the UAE corporate segment and has strong Islamic banking, investment banking, private banking, asset management, global markets & treasury and brokerage operations.

LinkedIn page: https://www.linkedin.com/company/emirates-nbd/mycompany/

GCC Structured and project bonds: Is the market finally taking off?

Wed 15th Sep 2021, 7:05am (Europe/London)

  • Discuss drivers for recent pick-up in activity in the GCC Structured/Project Bond Market
  • Are we finally witnessing a shift in dynamics for GCC Structured/Project Bonds such that they will represent a continuing theme in the GCC
    o Investor views/perception of
    o GCC Structured/Project Bonds?
    o Holdco/BidCo vs AssetCo transactions?
    o Importance of ESG?
  • Can we expect the market to evolve to accommodate transactions with market risk (i.e. no guaranteed / limited off-take risk)

Moderator

Laughlan Waterston

Laughlan Waterston

Managing Director, Head of Corporate & Project Finance, Middle East

SMBC

Laughlan Waterston

Laughlan Waterston

Managing Director, Head of Corporate & Project Finance, Middle East at SMBC

Laughlan Waterston is the Head of Corporate & Project Finance at SMBC’s Middle East Department based in Dubai. Laughlan has 25 years experience in banking with more than 20 years experience of project and structured finance. He has experience on a wide variety of projects and corporates in the energy and infrastructure sectors including power, renewable energy and oil& gas, petrochemicals, waste to energy/ wastewater, utilities, social infrastructure and transportation. His roles include structured finance MLA lending, corporate finance, acquisition finance, green/sustainable finance, financial advisory, capital markets and LP investment.

SMBC

Laughlan Waterston

With over four centuries of history and rooted in the stability of Japan and growth of Asia, SMBC Group reaches out around the world to provide the advice, connections and support that create value. Our customers in Africa and MENA choose SMBC Group because we offer local knowledge and global expertise.

With one of the most extensive domestic and international branch networks of any Japanese bank, SMBC Group uses the strength of its extensive footprint with powerful capabilities in loan and debt capital markets, project and trade finance, and a wide range of other financial services to deliver customer-focused, integrated solutions.

African & MENA customers benefit from SMBC Group's position as a world leader in loan capital markets bookrunning and arranging of loan facilities, including structuring, pricing, advising, executing and distribution of syndicated loans. A specialist debt capital markets team can provide expert advice and execution in core markets for public and private bond issuance, and offer issuers with guidance through the process from structuring, documentation and legal requirements, to execution of relevant funding solutions and investor relations. Particular focus is dedicated to corporate and structured finance and emerging market benchmark transactions for distribution to an international investor audience.

Speakers

Iman Abdel Khalek

Iman Abdel Khalek

Head of Middle East and North Africa, Debt Capital Markets

Citi

Iman Abdel Khalek

Iman Abdel Khalek

Head of Middle East and North Africa, Debt Capital Markets at Citi

Iman is responsible for Citigroup’s Middle East & North Africa Debt Capital Markets Business, based in Dubai. In her current role, she advises sovereigns, corporates and financial institutions on access to the international bond & Sukuk markets. Iman’s career spans 18 years with Citigroup in various roles. She holds a BA in Business Administration from the American University in Cairo.

Citi has been present in the Middle East for more than 50 years, primarily through Citibank. The bank is directly represented in main markets, including the UAE, Egypt, Qatar, Kuwait, Jordan, Bahrain, Lebanon, Algeria, Tunisia and Morocco. It has more than 30 branches and offices in the region. Across the region, the bank offers a range of corporate finance services, including securitization, project & structured trade finance, syndication and advisory.

In 2006, Citi opened its regional Middle East office at Dubai International Financial Centre (DIFC) following approval by the Dubai Financial Services Authority to operate as an authorized firm at the DIFC in mid-2006. Today, the DIFC houses Citi's Middle East Division management, Investment Banking and Equity businesses in the MENA region along with Islamic Banking and non-UAE regional banking businesses. In 2007, the bank established a dedicated MENA-level equity research team covering major sectors (banks, construction, telecom) operating out of the DIFC.

Citi's journey in the United Arab Emirates started in 1964 when Citibank, a member of Citi, opened its first branch in Dubai followed by Abu Dhabi in 1971. Since then, the bank has been known for delivering excellence and consistently introducing world-class banking products and services to UAE market.

Citi

Iman Abdel Khalek
Sherif Ayoub

Sherif Ayoub

Sherif Ayoub

Chief Financial Officer at Arab Petroleum Investments Corporation (APICORP)

Dr. Sherif Ayoub is the Chief Financial Officer for the Arab Petroleum Investments Corporation (APICORP) where he oversees treasury and capital markets, financial control, financial planning and analytics, financial operations, budget and corporate performance as well as risk management. Prior to APICORP, he has assumed numerous leadership positions over his career, serving as Senior Advisor at the Islamic Development Bank (IsDB) and Assistant Secretary General at the Islamic Financial Services Board (IFSB), in addition to working with A.T. Kearney, the US Government, United Nations, and the World Bank in different capacities.

Notably, Dr. Ayoub acquired his PhD in Finance from the University of Edinburgh, and is also a holder of a Masters’ Degree from Columbia University and a Bachelors’ Degree from Baldwin Wallace University. In addition, he has served as a Visiting Fellow at Harvard University.

Dr. Ayoub is a CFA Charterholder and a Certified Public Accountant (CPA). He has also published a book and several articles that relate to the finance and risk management.

Arab Petroleum Investments Corporation (APICORP)

Anil Vijayachandran

Anil Vijayachandran

Director, Acquisitions and Project Finance

ACWA Power

Anil Vijayachandran

Anil Vijayachandran

Director, Acquisitions and Project Finance at ACWA Power

Anil Vijayachandran – ACWA Power

Anil Vijayachandran is part of the Acquisitions & Project Finance team at ACWA Power, and has extensive experience in project and leveraged finance, M&A support, bid financial advisory and fund-raising for infrastructure projects in the Middle-East and Africa. He has worked on conventional power (coal, oil and gas fired), water, renewable (solar, wind, hydro) as well as airports and hotel concessions. In his previous role, he has also advised governments, state-owned entities and private developers on complex emerging and frontier market infrastructure project development, structuring and financing.

ACWA Power was formed in 2004 due to the Government of the Kingdom of Saudi Arabia decided to increase the role the private sector played in the Saudi economy by opening up the production of electricity and desalinated water to the private sector to own and operate.

ACWA Holding (representing the Abunayyan Trading Company and Abdulkadir Al Muhaidib & Sons Co.) along with the MADA Group for Industrial and Commercial Development (MADA Group) formed a joint venture under the name of ACWA Power Projects in 2004. The latter was the forerunner of present day ACWA Power, which was subsequently founded in 2008.

ACWA Power

Anil Vijayachandran
Abu Bakar Chowdhury

Abu Bakar Chowdhury

Chief Financial Officer

ASMA Capital

Abu Bakar Chowdhury

Abu Bakar Chowdhury

Chief Financial Officer at ASMA Capital

Mr. Chowdhury is the Managing Director and Chief Financial Office of ASMA Capital Partners. He is a member of the Management Committee and, alongside his role within the investment decision making process, is responsible for the finance function at ASMA Capital. He is also a member of the Board of Directors of a number of investee companies of the Fund.

Previously, Mr. Chowdhury was a Managing Partner at EMP Bahrain and was responsible for managing IDBIF I, which returned in excess of US$1.2billion to the investors.

Prior to EMP Bahrain, Mr. Chowdhury was with Credit Suisse and Deutsche Bank where we was responsible for managing and structuring Infrastructure and Asset-Backed Investments.

ASMA Capital

Mark Wells

Mark Wells

Executive Director, Head of Structured Capital Markets

MUFG

Mark Wells

Mark Wells

Executive Director, Head of Structured Capital Markets at MUFG

MUFG

Mark Wells

Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the world’s leading financial groups. Headquartered in Tokyo and with over 360 years of history, MUFG has a global network with approximately 2,500 locations in more than 50 countries. The Group has about 170,000 employees and offers services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing. The Group aims to “be the world’s most trusted financial group” through close collaboration among our operating companies and flexibly respond to all of the financial needs of our customers, serving society, and fostering shared and sustainable growth for a better world.

Please visit the website for more information - https://www.mufgemea.com/

LinkedIn Page: https://www.linkedin.com/company/mufg

Twitter Page: @MUFGEMEA

Market liquidity and ALM: How are banks managing their funding and capital under Basel 3 requirements in a post-COVID world?

Wed 15th Sep 2021, 7:50am (Europe/London)

  • Popping the hood off bank balance sheets: What are the NPL positions of GCC banks now? What will the NPL positions be when forbearance and payment holidays end?
  • Should the market be concerned by a lack of Tier 2 supply? What impact will a rise in inflation and/or rates have on the hybrid and perpetual market?
  • How much liquidity is in the system? Where is it finding a home? What are the risks with where it is finding a home?

Moderator

Ali Ahmad

Ali Ahmad

Managing Director, Head of Capital Markets, FIG, AME

Standard Chartered

Ali Ahmad

Ali Ahmad

Managing Director, Head of Capital Markets, FIG, AME at Standard Chartered

Standard Chartered

Ali Ahmad

Speakers

Asif Karmally

Asif Karmally

Head, Portfolio Strategy Management

Abu Dhabi Commercial Bank (ADCB)

Asif Karmally

Asif Karmally

Head, Portfolio Strategy Management at Abu Dhabi Commercial Bank (ADCB)

Abu Dhabi Commercial Bank (ADCB)

Asif Karmally

ADCB Group is a leading UAE banking group that provides over 1 million customers with a full suite of products and services, spanning Consumer Banking, Wholesale Banking, Treasury & Investments and Property Management. ADCB operates a network of 54 branches and over 428 ATMs across the UAE.

On 1 May 2019, ADCB and Union National Bank merged and the combined entity acquired Al Hilal Bank, which operates as a separate Islamic banking entity under its own brand within the Group. The transaction reinforced ADCB’s position as the third largest bank in the UAE by assets. As at 31 December 2020, the Group’s total assets stood at AED 411 billion.

ADCB Group, which is 60.2% owned by the Government of Abu Dhabi through the Abu Dhabi Investment Council, trades on the Abu Dhabi Securities Exchange (ADX) under the ticker of ADCB. As at 31 December 2020, ADCB’s market capitalisation was AED 43 billion.

Jaap Meier

Jaap Meier

Managing Director, Head of Research

Arqaam Capital

Jaap Meier

Jaap Meier

Managing Director, Head of Research at Arqaam Capital

Jaap Meijer is the Head of Research at Arqaam Capital. He is also the Chief Strategist, Chief Economist and Head of FIG research. He is also a Member of Management Committee.

Jaap Meijer holds a Master of Science in Business Administration and Economics with an emphasis on Finance & Investments from Vrije Universiteit (Amsterdam), an MBA from Webster University (St. Louis) and is a holder of both the CFA charter and the CEFA designation (VBA). He is also a mentor in the CFA challenge.

He has 24 year of research experience. Prior to heading up the research at Arqaam Capital, covering MENA stocks, he was a research director at Evolution, Dresdner Kleinwort and Cheuvreux, covering European financial conglomerates, diversified financials as well as investment banks.

His highest rankings were a No 1 ranking in Emerging EMEA Financials in Extel, and a No 2 ranking in MENA Extel survey.

Arqaam Capital

Patrick Clerkin

Patrick Clerkin

Senior Managing Director, Group Funding & Investor Relations

Emirates NBD

Patrick Clerkin

Patrick Clerkin

Senior Managing Director, Group Funding & Investor Relations at Emirates NBD

Patrick (‘Paddy’) is Head of Investor Relations and Managing Director for Emirates NBD’s Group Funding and Principal Investment Unit. The Investor Relations team updates the Analyst & Investor community on the Bank’s performance and outlook. The Global Funding team manages the strategic funding needs of the Bank. The Principal Investment team manages an investment portfolio containing hedge funds, credit funds and private equity.

Paddy has been with Emirates NBD since 2007. Prior to that he worked in London as co-head of the global operating-company rating team at Fitch Ratings. Before this he was part of the structured investment group at JP Morgan where Paddy looked after capital modelling and risk management.

Paddy has a B.Sc. (First Class) in Actuarial Mathematics and Statistics from Heriot-Watt University and a M.Sc. in Mathematical Finance from the University of Oxford.

Emirates NBD

Patrick Clerkin

Emirates NBD (DFM: Emirates NBD) is a leading Banking Group in the MENAT region. As at 30th September 2020, total assets were AED 692 Billion (equivalent to approx. USD 188 Billion). The acquisition of DenizBank represents a significant milestone for Emirates NBD with the Bank expanding its presence to 13 countries, servicing over 14 million customers. The Bank is ranked among the top 20 in the Forbes’ list of the World’s Best Regarded Companies, securing a leading spot among global brands.

The Bank has a significant retail banking franchise in the UAE and is a key participant in the global digital banking industry with 94% of all financial transactions and requests conducted outside of its branches. Emirates NBD was named “UAE’s Best Bank” in 2020 for a fifth consecutive year by Euromoney. In addition, Emirates NBD received the “Excellence in Leadership in the Middle East” award, introduced this year in light of the Covid-19 impact, as a recognition of its efforts in responding to the Covid-19 crisis.

Emirates NBD is also a major player in the UAE corporate segment and has strong Islamic banking, investment banking, private banking, asset management, global markets & treasury and brokerage operations.

LinkedIn page: https://www.linkedin.com/company/emirates-nbd/mycompany/

Carla Ajaka

Carla Ajaka

Head of Financial Markets

United Arab Bank

Carla Ajaka

Carla Ajaka

Head of Financial Markets at United Arab Bank

Carla Ajaka is the Head of Financial Markets at United Arab Bank (UAB). She joined the bank in August 2020.

She has more than 24 years of experience in banking. She was the head of Global Markets at HSBC Bank Middle East Lebanon for 17 years. She was covering various geographies including Jordan, Kuwait and Algeria.

Following the acquisition of HSBC by BLOM Carla continued her career for 3 years.

She has substantial experience in Financial markets products and risk management solutions.

United Arab Bank

Carla Ajaka

Coffee and networking

Wed 15th Sep 2021, 8:40am (Europe/London)

The GCC/Africa investment corridor: A banking perspective

Wed 15th Sep 2021, 9:00am (Europe/London)

  • What role are Middle Eastern banks playing in funding the African banks?
    > Which MENA banks are lending to African banks and FIs?
    > What price, size and tenors can African banks and FIs secure borrowing from MENA banks?
  • What support can Middle Eastern banks offer African banks and financial institutions?
  • Which African regions, countries and jurisdictions are MENA banks comfortable lending to?

Moderator

Sebastian W. Graewert

Sebastian W. Graewert

Chief Representative Officer, MENA & Asia

Mauritius Commercial Bank (MCB)

Sebastian W. Graewert

Sebastian W. Graewert

Chief Representative Officer, MENA & Asia at Mauritius Commercial Bank (MCB)

Sebastian Graewert is the Chief Representative for the Mauritius Commercial Bank LTD in the DIFC having assisted MCB in establishing the Dubai office in 2019. Prior to MCB, Sebastian had a distinguished career with Credit Suisse, UBS and CA-Indosuez holding leadership positions in Investment Banking and Wealth Management based in London, Zurich and Singapore. Sebastian holds a Master in Management from EAP-Paris-Oxford-Berlin.

Mauritius Commercial Bank (MCB)

Sebastian W. Graewert

MCB Group is an integrated banking and financial services player, offering a comprehensive range of tailored and innovative solutions to its retail, corporate and institutional clients. The Group is investment grade-rated by Moody’s and Fitch, and is currently ranked 1st in East Africa, 18th in Africa and 582nd among the Top 1,000 Banks in terms of Tier 1 (July 2020), 27th in Africa in terms of assets (Jeune Afrique Top 200 Banks, The Africa Report, September 2020) and 72nd on the African continent in terms of market capitalisation (African Business Top 250 Companies, May 2020). MCB Group is present in 10 countries overseas via its subsidiaries in Madagascar, Seychelles and Maldives, its representative offices in Johannesburg, Nairobi, Paris and Dubai, and its associates, Société Générale Moçambique and Banque Française Commerciale Océan Indien (BFCOI) operating in Réunion Island, Mayotte and Paris.

LinkedIn Url: https://www.linkedin.com/company/mcbgroup/

Speakers

Sidra Taj

Sidra Taj

Director, Loan Syndications, Sales and Distribution, Investment Banking

Mashreq

Sidra Taj

Sidra Taj

Director, Loan Syndications, Sales and Distribution, Investment Banking at Mashreq

Mashreq

Sidra Taj

One of the UAE’s best performing banks for five decades, Mashreq is a leading financial institution with an expanding footprint across the Middle East. We have international offices in Europe, Asia, Africa and the US, and a strong presence in the financial capitals of the world.

As the oldest bank in the UAE, our journey can be traced back to humble beginnings in 1967, followed by periods of rapid growth and strategic expansion. Throughout our history, Mashreq has differentiated itself by pioneering new-to-market concepts and launching unique products and services.

Our innovative approach sets us truly apart, it also continues to win us numerous awards and accolades across all fields including digital banking, the most recent were: Middle East Best Digital Bank by Euromoney Regional Awards for Excellence, the Most Innovative Consumer/Corporate Digital Bank in the UAE and Best Bank in the UAE by World's Best Bank Awards by Global Finance, Most Innovative Bank in the Middle East by EMEA Finance and many others.

LinkedIn URL - https://www.linkedin.com/company/mashreq-corporate-and-investment-banking-group

Mert Poyraz

Mert Poyraz

Director, Loans & Syndications

Emirates NBD

Mert Poyraz

Mert Poyraz

Director, Loans & Syndications at Emirates NBD

Mert graduated with a BSc. degree in Industrial Engineering from Bogazici University, Istanbul in 2005. He started his career in Consumer Banking in Citibank, Dubai and joined Emirates NBD Group in 2008.

He has been part of Emirates NBD Capital platform since late 2012, focusing on capital market transactions and loan syndications.

Mert has led a number of key transactions across project finance, structured finance, leveraged buy-out landscape and covered key regional markets such as UAE, Bahrain, Egypt, Africa and Turkey.

Emirates NBD

Mert Poyraz

Emirates NBD (DFM: Emirates NBD) is a leading Banking Group in the MENAT region. As at 30th September 2020, total assets were AED 692 Billion (equivalent to approx. USD 188 Billion). The acquisition of DenizBank represents a significant milestone for Emirates NBD with the Bank expanding its presence to 13 countries, servicing over 14 million customers. The Bank is ranked among the top 20 in the Forbes’ list of the World’s Best Regarded Companies, securing a leading spot among global brands.

The Bank has a significant retail banking franchise in the UAE and is a key participant in the global digital banking industry with 94% of all financial transactions and requests conducted outside of its branches. Emirates NBD was named “UAE’s Best Bank” in 2020 for a fifth consecutive year by Euromoney. In addition, Emirates NBD received the “Excellence in Leadership in the Middle East” award, introduced this year in light of the Covid-19 impact, as a recognition of its efforts in responding to the Covid-19 crisis.

Emirates NBD is also a major player in the UAE corporate segment and has strong Islamic banking, investment banking, private banking, asset management, global markets & treasury and brokerage operations.

LinkedIn page: https://www.linkedin.com/company/emirates-nbd/mycompany/

Pure Harvest: A case study on structuring, packaging, and selling MENA private credit

Wed 15th Sep 2021, 9:50am (Europe/London)

  • Originating deals outside of the usual DCM channels: The background to how private credit trades materialise
  • Connecting SMEs with institutional investors: Advice and preparation
  • Marrying deal structure with an evolving legal, and bankruptcy regime: What are the security, governance and financial covenants required to attract institutional investors to SMEs?
  • How is a private credit deal structured? What are the additional complexities when structuring a Sharia-compliant private credit deal?

Moderator

Sharif Eid

Sharif Eid

Portfolio Manager, Global Sukuk and MENA Fixed Income

Franklin Templeton Investments

Sharif Eid

Sharif Eid

Portfolio Manager, Global Sukuk and MENA Fixed Income at Franklin Templeton Investments

Sharif Eid is a portfolio manager for Franklin Templeton Investments (Middle East) Limited. Mr. Eid joined the Global Sukuk and MENA Fixed Income investment team in April 2009 as a research analyst where he helped develop the group's fundamental research process and production. Mr. Eid was promoted to portfolio manager in 2011 and is currently the co-manager of the FTIF GCC Bond Fund and co-manager of Global Sukuk institutional accounts.

Prior to joining Franklin Templeton Investments (Middle East) Limited, formerly Algebra Capital, Mr. Eid worked for TD Securities in Toronto as a trader. He rotated through credit, FX and interest rate option desks.

Mr. Eid holds a bachelor's degree in industrial engineering and a master's degree in mathematical finance, both from the University of Toronto.

FTIML-Dubai is an active, research-driven, team-based manager which aims to achieve superior long-term investment performance against relevant benchmarks and to provide excellent, value-added client service through the Franklin, Templeton and Mutual Series investment groups. The fund management team performs bottom-up research to manage assets in private and public markets across all asset classes. Their services are packaged as fund solutions, discretionary mandates or structured products.

Franklin Templeton launched a dedicated bond fund aimed at capitalising on the growing debt market in the Gulf region which was supported by portfolio Sharif Eid.

Franklin Templeton Investments

Speakers

Sky Kurtz

Sky Kurtz

Chief Executive Officer

Pure Harvest

Sky Kurtz

Sky Kurtz

Chief Executive Officer at Pure Harvest

Mr. Sky Kurtz is a former technology private equity investor turned serial entrepreneur who is passionate about building impactful companies that tackle big problems in the world. Before founding Pure Harvest, Mr. Kurtz Co-founded Vence—reinventing livestock management through a virtual fencing & autonomous control solution. Mr. Kurtz also served as a divisional CEO within Pultron Composites, delivering novel concrete reinforcement materials that solve infrastructure corrosion challenges.
Prior to building technology companies, Mr. Kurtz invested in them as a Vice President with Francisco Partners, a $15B tech investment firm based in San Francisco, CA that is an affiliate of Sequoia Capital. Mr. Kurtz was also an investor with CCMP Capital, a $17B generalist investment firm based in New York, NY. Mr. Kurtz has served on the boards of five (5) technology companies of all scales (from $2MM to $500MM+ of sales) and considers himself a lifelong student of business.
Mr. Kurtz is an MBA graduate from the Stanford Graduate School of Business (GSB) and holds a B.S. in Finance from ASU’s W.P. Carey School of Business where he graduated Summa Cum Laude and was named the Turken Family Outstanding Graduating Senior (valedictory honor)

Pure Harvest

Natasha Hannoun

Natasha Hannoun

Natasha Hannoun

Head of Debt at ADFG/SHUAA

Natasha is the Head of Debt. She also serves on the Board of Directors of the Abu Dhabi-listed investment company Eshraq Investments PJSC.She has broad experience in advisory, origination, structuring and execution across multiple asset classes including Private Equity and Debt Investments, Real Estate and Fixed Income.

Over the last five years, in her previous role as a Director with the Private Debt platform of the Group, she has structured over US$ 7 bn in financing including last mile and mezzanine financing.

Prior to joining the Group in 2014, Natasha was part of the Corporate Finance and Debt Advisory team at Deloitte Corporate Finance Advisory in Dubai.

Natasha holds an MSc in Physics and Mathematics from the University of Bristol in the UK with a year at University of Bologna, Italy.

ADFG/SHUAA

Natasha Hannoun
Ahmad Alanani

Ahmad Alanani

Chief Executive Officer

Sancta Capital

Ahmad Alanani

Ahmad Alanani

Chief Executive Officer at Sancta Capital

Sancta Capital

Chairperson’s closing remarks followed by close of Day Two

Wed 15th Sep 2021, 10:35am (Europe/London)

Platinum Sponsors

Emirates NBD First Abu Dhabi Bank (FAB)

Gold & Networking Sponsor

Mashreq

Gold Sponsors

Abu Dhabi Commercial Bank (ADCB) Abu Dhabi Islamic Bank BofA Securities GIB Capital SMBC Standard Chartered

Lunch Sponsor

MUFG

Silver Sponsors

Citi Crédit Agricole CIB Mauritius Commercial Bank (MCB) Moody's Investors Service Rawabi Holding White & Case

Bronze Sponsors

ADFG/SHUAA Akin Gump Strauss Hauer & Feld LLP Arqaam Bank of Jordan Bank of New York Mellon (BNY Mellon) Bank of Sharjah Barclays Boubyan Bank Capital Markets Malaysia DWF FIM Partners Finsight Fitch Ratings Intertrust Kuwait International Bank London Stock Exchange Maybank Islamic Morgan Lewis NetRoadshow S&P Global Squire Patton Boggs UK Export Finance United Arab Bank Warba Bank

Supporting Partners

AlHuda CIBE IsFin